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Historical Values
Year Value
1990 6.0% of GDP, or $3.4 billion (1989 est.)
1991 $3.7 billion, 5.5% of GDP (1990)
1992 exchange rate conversion - $3.8 billion, 5.6% of GDP (1991)
1993 exchange rate conversion - $4.2 billion, 5.1% of GDP (1992)
1994 exchange rate conversion - $4.0 billion, 5.4% of GDP (1993)
1995 exchange rate conversion - $4.1 billion, 5.4% of GDP (1994) GREENLAND (part of the Danish realm)
1997 4.6% (1995)
1998 NA%
1999 NA%
2000 NA%
2001 4.91% (FY99/00 est.)
2002 4.91% (FY99/00 est.)
2003 4.91% (FY99/00 est.)
2004 4.3% (2003)
2005 4.3% (2003)
2006 4.3% (2003)
2007 4.3% (2005 est.)
2008 4.3% of GDP (2005 est.)
2009 4.3% of GDP (2005 est.) country comparison to the world: 26
2010 4.3% of GDP (2005 est.) country comparison to the world: 23
2011 4.3% of GDP (2005 est.) country comparison to the world: 23
2012 4.3% of GDP (2005 est.) country comparison to the world: 22
2013 4.3% of GDP (2005 est.) country comparison to the world: 23
2014 1.72% of GDP (2012) country comparison to the world: 48 2.31% of GDP (2011) 2.63% of GDP (2010)
2015 1.72% of GDP (2012) | 2.31% of GDP (2011) | 2.63% of GDP (2010) | country comparison to the world: 48
2016 2.46% of GDP (2015 est.) | 2.2% of GDP (2014) | 2.19% of GDP (2013) | 2.26% of GDP (2012) | note: based on 2010 prices | country comparison to the world: 48
2017 2.56% of GDP (2016) | 2.54% of GDP (2015) | 2.34% of GDP (2014) | 2.36% of GDP (2013) | 2.41% of GDP (2012) | country comparison to the world: 48
2018 2.4% of GDP (2017) | 2.56% of GDP (2016) | 2.54% of GDP (2015) | 2.34% of GDP (2014) | 2.36% of GDP (2013)
2019 2.28% of GDP (2019 est.) | 2.48% of GDP (2018) | 2.34% of GDP (2017) | 2.38% of GDP (2016) | 2.3% of GDP (2015)
2020 2.28% of GDP (2019 est.) | 2.48% of GDP (2018) | 2.34% of GDP (2017) | 2.38% of GDP (2016) | 2.3% of GDP (2015)
2021 3.82% of GDP (2021 est.) 2.65% of GDP (2020) 2.36% of GDP (2019) 2.54% of GDP (2018) 2.38% of GDP (2017)
2022 3.8% of GDP (2022 est.) 3.6% of GDP (2021) 2.9% of GDP (2020) 2.3% of GDP (2019) (approximately $7.95 billion) 2.5% of GDP (2018) (approximately $8.31 billion)
2023 3% of GDP (2023 est.) 3.9% of GDP (2022 est.) 3.7% of GDP (2021) 2.9% of GDP (2020) 2.5% of GDP (2019)
2024 3.1% of GDP (2024 est.) 3.1% of GDP (2023) 3.9% of GDP (2022) 3.7% of GDP (2021) 2.9% of GDP (2020)
2025 2.9% of GDP (2025 est.) 2.7% of GDP (2024 est.) 2.8% of GDP (2023 est.) 3.9% of GDP (2022 est.) 3.7% of GDP (2021 est.)